Investors Buy Large Volume of Mondelez International Put Options (NASDAQ:MDLZ)

Mondelez International, Inc. (NASDAQ:MDLZ) saw unusually large options trading on Thursday. Stock traders bought 6,591 put options on the stock. This represents an increase of 88% compared to the average daily volume of 3,503 put options.

Mondelez International Trading Down 1.3%

Shares of NASDAQ:MDLZ opened at $60.05 on Friday. The stock has a market capitalization of $77.08 billion, a price-to-earnings ratio of 29.88, a PEG ratio of 2.52 and a beta of 0.39. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.37 and a current ratio of 0.54. The stock’s 50-day simple moving average is $60.88 and its two-hundred day simple moving average is $59.22. Mondelez International has a 52-week low of $51.20 and a 52-week high of $70.61.

Mondelez International (NASDAQ:MDLZ) last released its quarterly earnings results on Tuesday, April 28th. The company reported $0.67 EPS for the quarter, beating the consensus estimate of $0.61 by $0.06. Mondelez International had a net margin of 6.64% and a return on equity of 14.14%. The firm had revenue of $10.08 billion during the quarter, compared to analyst estimates of $9.75 billion. During the same quarter in the prior year, the firm earned $0.76 EPS. The business’s revenue for the quarter was up 8.2% compared to the same quarter last year. Mondelez International has set its FY 2026 guidance at 2.920-3.060 EPS. Analysts expect that Mondelez International will post 3.04 EPS for the current year.

Mondelez International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th were given a $0.50 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $2.00 annualized dividend and a yield of 3.3%. Mondelez International’s dividend payout ratio (DPR) is presently 99.50%.

Wall Street Analyst Weigh In

MDLZ has been the topic of several research analyst reports. Bank of America upped their target price on shares of Mondelez International from $62.00 to $65.00 and gave the company a “buy” rating in a research note on Friday, April 10th. UBS Group lifted their price target on shares of Mondelez International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 29th. Freedom Capital cut shares of Mondelez International from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. Weiss Ratings restated a “hold (c-)” rating on shares of Mondelez International in a research report on Monday. Finally, Morgan Stanley restated an “overweight” rating on shares of Mondelez International in a report on Friday, May 29th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, Mondelez International presently has a consensus rating of “Moderate Buy” and a consensus target price of $66.44.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. J.Safra Asset Management Corp purchased a new position in Mondelez International during the fourth quarter valued at $25,000. Advocate Investing Services LLC bought a new stake in Mondelez International during the fourth quarter valued at about $25,000. JPL Wealth Management LLC purchased a new stake in Mondelez International in the third quarter worth about $32,000. Kemnay Advisory Services Inc. purchased a new stake in Mondelez International in the fourth quarter worth about $28,000. Finally, McIlrath & Eck LLC bought a new position in shares of Mondelez International in the fourth quarter worth about $30,000. Hedge funds and other institutional investors own 78.32% of the company’s stock.

About Mondelez International

Mondelez International is a global snacks company headquartered in Chicago, Illinois, formed in 2012 when Kraft Foods split to create a business focused on snack foods and a separate North American grocery company. Mondelez develops, manufactures, markets and distributes a broad portfolio of snack products intended for retail, foodservice and e‑commerce channels around the world.

The company’s product mix centers on biscuits and cookies, chocolate and confectionery, gum and candy, and savory crackers and baked snacks.